Exciting news! On December 7, the Connecticut Social Equity Council approved income and residency documentation requirements for social equity applicants and cannabis businesses seeking to operate as Equity Joint Ventures. The approval is contingent upon the Council’s acceptance of an implementation plan for the accelerator and technical assistance programs, which will provide important business support to potential applicants.
DCP plans to make applications available 30 days after the Social Equity Council issues its final approval. The Council’s next meeting is scheduled for January 4, 2022. This means applications could be open as soon as February 3.
As Connecticut continues to take its next steps in the setting up an adult-use market, we’ll be sure to keep you updated as the process progresses.